Local Currency Changeover (SAP Library - European Monetary Union: Euro (CA-EUR))

Local Currency Changeover

Purpose

This process enables local currency to be changed over to the euro. This procedure fulfills all technical requirements, not however all commercial requirements.

You start local currency changeover in the Implementation Guide (IMG) by choosing Cross-Application Components ® European Monetary Union: Euro ® Local Currency Changeover. Ensure that you carry out all the activities listed in the IMG in the correct order and that you document these activities (by making notes in Customizing). This will help you follow the changeover process and enable you to demonstrate the steps you took.

Prerequisites

You have done the following:

Analyzed the demands made by the changeover on your company and drawn up an appropriate changeover plan
Included your various departments in your project plan and informed all affected employees
Drawn up a schedule of events and allowed for the time that the system is blocked for the user

Process Flow

Prior to the actual changeover in your productive system, SAP recommends that you carry out a test changeover first. To do this, you set up a test system based on your productive system. If possible, copy the current database of your productive system. This will provide you with a realistic simulation of the actual changeover. Any errors and data inconsistencies can be analyzed and resolved in this test environment, without making changes in the productive system.

There are three stages in local currency changeover that are distinct both from an organizational point of view and in terms of the time at which they take place.

1. Preparation

Prior to changeover, your departments carry out preparation work that ensures the changeover process takes place smoothly. This involves general work that takes place regularly such as document archiving and monthly closing. In carrying out these activities, you are both improving your system performance and closing processes (such as batch input transactions) that could lead to problems during changeover.

2. Central Changeover

Your system administration carries out the changeover itself, that is the actual conversion of local currency to euro. A part of the changeover takes place while the system is blocked. during which time the system is blocked for all users meaning no further postings can take place.

The central changeover process is controlled in its entirety by the changeover package. All the programs required to perform the changeover are started in the correct sequence by the system. to which end the changeover process is divided into several phases.

3. Cleanup

Your departments carry out settings that are not cleared by the system. This involves maintaining tables that are not converted.

Process Flow for Local Currency Changeover

Result

All those company codes whose local currency was one of the currencies participating in monetary union now have the euro as their local currency. This applies to all R/3 components you have implemented, with the exception of FI-LC and EC-CS.